Civic Intelligence

Berkeley Electric Cooperative Inc

990 • Fiscal year 2016 • EIN 57-0123093

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization Profilewww.bec.coop

View Organization Page

PO Box 1234Moncks Corner, SC 29461-1234

(843) 761-8200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.72x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

1.22x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Net Margin

44th percentile

0.0%

Higher net margin than 44% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

26th percentile

$383,972

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2016

Asset Growth

47th percentile

2.8%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

6.6%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$434,720,951

Up $11,879,493 (+2.8%) from 2015

Net Assets

Up

$120,667,713

Up $5,818,051 (+5.1%) from 2015

Liabilities

Up

$314,053,238

Up $6,061,442 (+2.0%) from 2015

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin44th percentile

Revenue

Up

$257,929,650

Up $16,070,045 (+6.6%) from 2015

Expenses

Up

$257,929,650

Up $13,236,954 (+5.4%) from 2015

Net Income

Up

$0

Up $2,833,091 (+100%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $339,321,258Liabilities 2010: $252,998,436Net Assets 2010: $86,322,8222010Assets 2011: $337,666,160Liabilities 2011: $244,901,419Net Assets 2011: $92,764,7412011Assets 2012: $335,411,395Liabilities 2012: $237,152,686Net Assets 2012: $98,258,7092012Assets 2013: $351,382,140Liabilities 2013: $247,913,520Net Assets 2013: $103,468,6202013Assets 2014: $393,030,681Liabilities 2014: $283,856,946Net Assets 2014: $109,173,7352014Assets 2015: $422,841,458Liabilities 2015: $307,991,796Net Assets 2015: $114,849,6622015Assets 2016: $434,720,951Liabilities 2016: $314,053,238Net Assets 2016: $120,667,7132016Assets 2017: $429,930,339Liabilities 2017: $302,758,901Net Assets 2017: $127,171,4382017Assets 2018: $461,428,469Liabilities 2018: $310,439,760Net Assets 2018: $150,988,7092018Assets 2019: $537,447,738Liabilities 2019: $368,877,656Net Assets 2019: $168,570,0822019Assets 2020: $555,545,257Liabilities 2020: $372,398,916Net Assets 2020: $183,146,3412020Assets 2021: $620,212,746Liabilities 2021: $419,136,012Net Assets 2021: $201,076,7342021Assets 2022: $676,271,341Liabilities 2022: $471,631,356Net Assets 2022: $204,639,9852022Assets 2023: $706,474,043Liabilities 2023: $487,940,057Net Assets 2023: $218,533,9862023Assets 2024: $766,173,909Liabilities 2024: $537,448,481Net Assets 2024: $228,725,4282024

Highlighted filing

2016

Assets$434,720,951
Liabilities$314,053,238
Net Assets$120,667,713
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600M$400M$200M$0-$200MExpenses 2010: $187,282,9742010Expenses 2011: $197,669,5922011Expenses 2012: $205,250,8712012Revenue 2013: $217,443,187Expenses 2013: $217,253,802Net Income 2013: $189,3852013Revenue 2014: $232,430,857Expenses 2014: $232,815,518Net Income 2014: -$384,6612014Revenue 2015: $241,859,605Expenses 2015: $244,692,696Net Income 2015: -$2,833,0912015Revenue 2016: $257,929,650Expenses 2016: $257,929,650Net Income 2016: $02016Revenue 2017: $284,895,251Expenses 2017: $284,895,251Net Income 2017: $02017Revenue 2018: $324,970,807Expenses 2018: $324,970,807Net Income 2018: $02018Revenue 2019: $327,227,393Expenses 2019: $327,227,393Net Income 2019: $02019Revenue 2020: $344,018,397Expenses 2020: $344,018,397Net Income 2020: $02020Revenue 2021: $366,017,101Expenses 2021: $366,017,101Net Income 2021: $02021Revenue 2022: $408,085,738Expenses 2022: $403,272,407Net Income 2022: $4,813,3312022Revenue 2023: $437,149,733Expenses 2023: $437,149,733Net Income 2023: $02023Revenue 2024: $488,190,361Expenses 2024: $488,190,361Net Income 2024: $02024

Highlighted filing

2016

Revenue$257,929,650
Expenses$257,929,650
Net Income$0
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$257,934,478
Mission and Program Overview

Mission

Berkeley electric cooperative is committed to providing safe, reliable and affordable energy, while enhancing the lives of those we serve.

Providing electricity to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$332,954,526$348,133,145▲ $15,178,619
Rtn Earn Endowment Incm Other Fnds$114,470,532$120,275,088▲ $5,804,556
Savings and Temporary Cash Investments$45,203,017$44,376,874▼ $826,143
Investments Program Related$17,146,072$18,382,464▲ $1,236,392
Accounts Receivable$8,281,804$6,385,387▼ $1,896,417
Cash and Non-Interest-Bearing Accounts$5,103,911$5,208,590▲ $104,679
Inventories for Sale or Use$5,433,718$5,060,256▼ $373,462
Cap Stk Tr Prin Current Funds$379,130$392,625▲ $13,495
Prepaid Expenses and Deferred Charges$233,364$89,205▼ $144,159
Other Notes and Loans Receivable, Net$2,400$1,200▼ $1,200
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$422,841,458$434,720,951▲ $11,879,493
Other Assets Total$8,482,646$7,083,830▼ $1,398,816
Liabilities
Mortgage Notes Payable Secured by Investment Property$239,555,291$228,252,952▼ $11,302,339
Other Liabilities$38,979,635$52,631,034▲ $13,651,399
Accounts Payable and Accrued Expenses$29,456,870$33,169,252▲ $3,712,382
Total Liabilities$307,991,796$314,053,238▲ $6,061,442
Net Assets / Fund Balance
Total Net Assets Fund Balance$114,849,662$120,667,713▲ $5,818,051
Total Liabilities and Net Assets / Fund Balance$422,841,458$434,720,951▲ $11,879,493

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$326,710,648$132,760,183$459,470,831
Buildings$15,249,609$5,684,991$20,934,600
Land$6,172,888-$6,172,888
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dwayne CartwrightPresident & CEOFT$297,400$83,547$380,947
Tim MobleyVice President Engineering & OperationsFT$168,773$168,151$336,924
M KearneyVice President Finance & Business DevelopmentFT$174,103$144,717$318,820
Scott ShepherdVP Customer ServiceFT$155,287$132,809$288,096
John VilleponteauxManager of OperationsFT$133,022$148,312$281,334
Mark GaddyVice President of Economic DevelopmentFT$137,696$134,636$272,332
Louise MeadeVice President of Human ResourcesFT$140,329$124,820$265,149
Tony CapobiancoVice President of Information SystemsFT$142,524$70,605$213,129
H BrunsonChairmanPT$50,984$400$51,384
M MooreBoard MemberPT$45,718$400$46,118
W DewittSecretary / TreasurePT$41,160$400$41,560
Cp ShulerBoard MemberPT$33,246$400$33,646
Henry Chavis SrBoard MemberPT$32,850$400$33,250
Willis SandersBoard MemberPT$31,950$400$32,350
J Gibbs SrBoard MemberPT$30,687$400$31,087
George McfaddenBoard MemberPT$30,600$400$31,000
C CaddellV ChairmanPT$28,270$400$28,670

Highest Paid Contractors

ContractorServicesLocationCompensation
Sumter UtilitiesConstructionPO BOX 846391, Dallas, TX 75284$4,008,934
Lucas Tree ExpertsR-o-w ClearingPO BOX 958, Portland, ME 04104$2,683,378
Pinnacle ConstructionBoringPO BOX 51505, Summerville, SC 29485$1,253,414
Mccall-thomas EngineeringStakingPO DRAWER 670, Orangeburg, SC 29116$461,793
USIC Locating Services LLCLocating Underground ServicesPO Box 713359, Cincinnati, OH 45271$429,095
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$254,903,926
Investment Income
$1,953,067
Other Revenue
$1,072,657
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$257,929,650
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$257,929,650
Total Revenue per Form 990
$257,929,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,118,986
Salaries, Compensation, and Employee Benefits$11,057,631
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$14,297,283
Other Expenses---$10,616,160
Other Salaries and Wages---$10,225,899
Benefits to Members---$8,753,033
Interest---$7,002,426
Current Officers, Directors, Trustees, and Key Employees---$831,732
Total Functional Expenses$0$0$0$257,929,650

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$257,929,650
Expenses per Audited Statements$249,176,617
Total Expenses per Audited Statements$249,176,617
Expenses Not Reported on Financial Statements$8,753,033
Other Expense Adjustments$8,753,033
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Margin Stabilization Plan$29,114,074
Post Retirement Benefits$17,392,622
Accrued Taxes$2,417,937
Accrued Vacation and Sick Leave$2,376,612
Accrued Interest$692,396
Accrued Payroll$377,011
Miscellaneous Accruals$260,382
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Electric cooperative organization.”

Form 990, Part VI, Section A, Line 7A

“Board of directors elected by members at annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Bylaw changes approved by members at annual meeting.”

Form 990, Part VI, Section B, Line 11B

“Reviewed with full board and attorney.”

Form 990, Part VI, Section B, Line 12C

“Officers, trustees and key employees are required to sign a document stating whether they have any potential conflicts.”

Form 990, Part VI, Section B, Line 15

“Outside consultants are used to evaluate job responsibilities in comparisons with other cooperatives and whether level of compensation is in line with similar size duties for individual and cooperative. The most recent evaluation / review was conducted in the spring of 2016.”

Form 990, Part VI, Section C, Line 19

“The form 990 is available at all district offices, sent upon request and posted on public website. Annual reports are distributed at the annual meeting and bylaws are provided to new applicants upon request for service.”

Filing and Contact Details

Filer

Filer Name
Berkeley Electric Cooperative Inc
EIN
57-0123093
Phone
8437618200
Address
PO Box 1234, Moncks Corner, SC 29461-1234

Signing Officer

Name
Joel Stevens
Title
VP Finance
Phone
8437618200
Signed
2017-11-14

Organization Details

Principal Officer
Dwayne Cartwright
Formed
1940
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
292
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Assignment and adjustments to patronage capital accounts.”

Financial Statement Notes

Schedule D, Part X, Line 2

“The company is required to recognize the provisions of FIN 48 for the current year. This interpretation prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken on a tax return. For those benefits to be recognized, a tax position must be more-than-likely-than-not to be sustained upon examination by taxing authorities. The amount recognized is measured as the largest amount of benefit that is greater that 50% likely of being realized upon ultimate settlement. The company has not recognized any deferred tax assets of the balance sheet date.”

Schedule D, Part XII, Line 4B

“Berkeley Electric Cooperative, Inc. interpreted the instructions to report the patronage capital / margins. This entry reconciles the audited financial statements with expenses reported in this return.”

Raw XML AppendixShowing 400 of 784 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt986572
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10146254
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt11170568
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt12133872
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1368394
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt14136649
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15125741
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16147602
IRS990/Form990PartVIISectionAGrp/PersonNm0H BRUNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1M MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm2W DEWITT
IRS990/Form990PartVIISectionAGrp/PersonNm3C CADDELL
IRS990/Form990PartVIISectionAGrp/PersonNm4J GIBBS SR
IRS990/Form990PartVIISectionAGrp/PersonNm5CP SHULER
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIS SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm7GEORGE MCFADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8HENRY CHAVIS SR
IRS990/Form990PartVIISectionAGrp/PersonNm9DWAYNE CARTWRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm10M KEARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm11TIM MOBLEY
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm13TONY CAPOBIANCO
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK GADDY
IRS990/Form990PartVIISectionAGrp/PersonNm15LOUISE MEADE
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN VILLEPONTEAUX
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt050984
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt145718
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt241160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt328270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt430687
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt533246
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt631950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt730600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt832850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9297400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10174103
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11168773
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12155287
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13142524
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14137696
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15140329
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16133022
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY / TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt3V CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT FINANCE & BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT ENGINEERING & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP CUSTOMER SERVICE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT OF INFORMATION SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT OF ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGER OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0257934478
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt037300
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt022
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt07002426
IRS990/InventoriesForSaleOrUseGrp/BOYAmt05433718
IRS990/InventoriesForSaleOrUseGrp/EOYAmt05060256
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01953067
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01953067
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt017146072
IRS990/InvestmentsProgramRelatedGrp/EOYAmt018382464
IRS990/IRPDocumentCnt0104
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0138445174
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0332954526
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0348133145
IRS990/LandBldgEquipCostOrOtherBssAmt0486578319
IRS990/LegalDomicileStateCd0SC
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt04828
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0257016768
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0197075
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0197075
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0TO PROVIDE AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0239555291
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0228252952
IRS990/NetAssetsOrFundBalancesBOYAmt0114849662
IRS990/NetAssetsOrFundBalancesEOYAmt0120667713
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt032472
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt032472
IRS990/NetUnrelatedBusTxblIncmAmt04472
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08482646
IRS990/OtherAssetsTotalGrp/EOYAmt07083830
IRS990/OtherChangesInNetAssetsAmt05818051
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - OPERATIONS & MAINT.
IRS990/OtherExpensesGrp/Desc2CUST. SVC. INFORMATIONAL & SALES
IRS990/OtherExpensesGrp/Desc3ADMIN. & GENERAL / ALL OTHERS
IRS990/OtherExpensesGrp/TotalAmt0180085771
IRS990/OtherExpensesGrp/TotalAmt120916801
IRS990/OtherExpensesGrp/TotalAmt25200545
IRS990/OtherExpensesGrp/TotalAmt310616160
IRS990/OtherLiabilitiesGrp/BOYAmt038979635
IRS990/OtherLiabilitiesGrp/EOYAmt052631034
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0843110
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0843110
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01040185
IRS990/OtherSalariesAndWagesGrp/TotalAmt010225899
IRS990/OtherSourcesGrossIncomeAmt0875583
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02400
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01200
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0233364
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt089205
IRS990/PrincipalOfficerNm0Dwayne Cartwright
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2SURGE PROTECTION
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1305440
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0254573328
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225158
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0254573328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1305440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225158
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt011163521
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01381008
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$434,720,951
Liabilities
$314,053,238
Net assets
$120,667,713
Revenue
$257,929,650
Expenses
$257,929,650
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$766$537$229$488$488$0.00
2023Detailed filing. Detailed filing data is available for this year.$706$488$219$437$437$0.00
2022Detailed filing. Detailed filing data is available for this year.$676$472$205$408$403$4.81
2021Detailed filing. Detailed filing data is available for this year.$620$419$201$366$366$0.00
2020Detailed filing. Detailed filing data is available for this year.$556$372$183$344$344$0.00
2019Detailed filing. Detailed filing data is available for this year.$537$369$169$327$327$0.00
2018Detailed filing. Detailed filing data is available for this year.$461$310$151$325$325$0.00
2017Detailed filing. Detailed filing data is available for this year.$430$303$127$285$285$0.00
2016Detailed filing. Detailed filing data is available for this year.$435$314$121$258$258$0.00
2015Detailed filing. Detailed filing data is available for this year.$423$308$115$242$245$2.83
2014Detailed filing. Detailed filing data is available for this year.$393$284$109$232$233$0.38
2013Detailed filing. Detailed filing data is available for this year.$351$248$103$217$217$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$335$237$98.3$205
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$338$245$92.8$198
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$339$253$86.3$187